Would the movement of the international capital flow together with the re-arrangement of the global supply chain since the start of the Sino-U.S. trade war and especially under the impact of the Covid-19 pandemic give Vietnam an opportunity to move out of the group of developing countries?

Vietnam’s air carriers expect their business opportunities to be gradually better again as of the beginning of this year’s third quarter. However, such a recovery is seen in comparison with the bottom in the first and second quarters, when Covid-19 was at its peak. A comeback to the level of sales and profit prior to the pandemic would take a much longer time.

QUANG NAM - While the Covid-19 pandemic has caused serious damage to the tourism industry, it is also an opportunity for many localities to look back on their tourism models and pave the way for a green and sustainable tourism industry.

HCMC - The Ministry of Construction has proposed picking Song Da Corporation as the contractor for some sections of the North-South Expressway project despite the corporation being over VND11 trillion in debt.

HANOI – Vietnam is committed to allowing credit institutions of the European Union (EU) to hold up to 49% shares at two joint stock commercial banks in Vietnam when the European Union-Vietnam Free Trade Agreement (EVFTA) takes effect.

HCMC - As part of a cooperation agreement that the HCMC Finance and Investment Company (HFIC) and VNU-HCMC signed on June 4, the Vietnam National University HCMC (VNU-HCMC) campus will soon have a 500-bed hospital with a total investment of VND1.5 trillion-VND2 trillion aimed at developing VNU-HCMC into an education-healthcare hub of the city’s Eastern Smart Urban Area.

CAN THO – The Ministry of Agriculture and Rural Development expects to boost the consumption of tra fish in the local market through the 2020 Tra fish and Seafood Fair in Hanoi City on June 9 as the ongoing coronavirus pandemic has affected export activities.

HCMC - The HCMC Department of Planning and Architecture along with the municipal Department of Construction organized a groundbreaking ceremony on June 5 for a project aimed at restoring and upgrading the park in front of the Opera House.

HCMC – HCMC is set to focus on preventing businesses from going bankrupt by putting in place specific measures from now until the end of this year, said the municipal government at a meeting on the city’s January-May socioeconomic situation held on June 4.

HCMC – The HCMC People’s Committee will present eight key transport infrastructure projects at a total investment of over VND33 trillion to the HCMC People’s Council for consideration and study at the mid-year meeting scheduled for July.

HCMC – Two local investors and a foreign-involved joint venture have expressed interest in joining an auction for the rights to use the land of a premium casino complex project worth US$2 billion in Danang City, according to the Danang Department of Natural Resources and Environment.

HCMC - The Japan International Cooperation Agency (JICA), which is funding HCMC’s first metro line, held a meeting with the HCMC Management Authority for Urban Railways (MAUR) on June 3 to discuss the progress of the project.

HCMC – While the renewable energy industry found favor among many foreign firms and foreign investment funds in the past, now, local players have become increasingly active, with several Vietnamese energy firms injecting more money into renewable energy projects, especially those related to solar energy, to secure preferential pricing and tax incentives from the Government.